Currencies and Exchange Rates

The official currency of the United Arab Emirates is the UAE Dirham (AED), subdivided into 100 fils. It was introduced in 1973, replacing the Qatar and Dubai Riyal. Dinar is used in several Arab countries, Yen is Japan's currency, and Won is used in Korea. The dirham is pegged to the US dollar.

The official currency of the United Kingdom is the Pound Sterling (GBP), the world's oldest currency still in use. It is subdivided into 100 pence and is issued by the Bank of England. Taka is Bangladesh's currency, US Dollar is America's, and Somoni is Tajikistan's. The UK retained the pound despite being an EU member (before Brexit).

Peru's official currency is the Nuevo Sol (PEN), which replaced the inti in 1991 after hyperinflation. It is subdivided into 100 céntimos and issued by the Central Reserve Bank of Peru. Naira is Nigeria's currency, US Dollar is America's, and Dong is Vietnam's. The sol is named after the Inca sun god.

The Philippines' official currency is the Philippine Peso (PHP), subdivided into 100 centavos and issued by the Bangko Sentral ng Pilipinas. Naira is Nigeria's currency, UAE Dirham is used in the Emirates, and Yen is Japan's currency. The peso is also used in several Latin American countries, but the Philippine peso is distinct.

Vatican City uses the Euro as its official currency despite not being part of the European Union. It has a special agreement with Italy and the EU to issue its own Euro coins with Vatican designs.

Venezuela's official currency is the Bolívar, named after Simón Bolívar. The country has experienced severe hyperinflation, leading to multiple currency reforms and the introduction of new Bolívar series.

Vietnam's currency is the Dong, which has been the country's official currency since 1978. The Dong is one of the lowest-valued currency units in the world.

Poland uses the Zloty as its national currency, divided into 100 groszy. Despite being an EU member, Poland has not yet adopted the Euro and continues to use the Zloty.

Puerto Rico uses the United States Dollar as its official currency because it is a U.S. territory. As an unincorporated territory, it uses the same currency as the United States.

Romania's currency is the Leu, which means 'lion' in Romanian. Romania is an EU member but has not yet adopted the Euro, continuing to use the Leu instead.

Russia uses the Ruble as its national currency, one of the world's oldest currencies still in use. The modern Russian Ruble replaced the Soviet Ruble after the USSR's dissolution.

Saudi Arabia uses the Riyal as its official currency, which is pegged to the US Dollar at a fixed exchange rate. The Riyal has been Saudi Arabia's currency since the country's formation.

SDR (Special Drawing Rights) is an international reserve asset created by the IMF in 1969. It exists only as a bookkeeping entry on the IMF's ledger - there are no physical SDR notes or coins. It is not backed by gold or silver. SDRs provide member countries with a claim to freely usable currencies of other IMF members and are a unit of account.